diff --git a/ghc/PATCHLEVEL b/ghc/PATCHLEVEL
index cff7bb99d83ed25467413ceefcbc76917576f16f..e5016d01fcfa91d3d36a22861cdf7788745b696a 100644
--- a/ghc/PATCHLEVEL
+++ b/ghc/PATCHLEVEL
@@ -1 +1 @@
-The Glamorous Glasgow Haskell Compiler, version 2.07, patchlevel 0
+The Glamorous Glasgow Haskell Compiler, version 2.08, patchlevel 0
diff --git a/ghc/README b/ghc/README
index fa3ad5c5f84d4f1db518836ca70774a873ac565b..dacc3ebdb4f2012eae460ad328ca78edf9d5118d 100644
--- a/ghc/README
+++ b/ghc/README
@@ -1,9 +1,5 @@
-This is version 2.07 of the Glorious Glasgow Haskell compilation
-system (GHC).  GHC 2.07 is a compiler for Haskell 1.4.
-
-2.07 is an interim source-only release, which fixes most of the bugs
-reported since 2.06.  We've done rudimentary testing on a few
-platforms, but there might be a few bugs lurking.
+This is version 2.08 of the Glorious Glasgow Haskell compilation
+system (GHC).  GHC 2.08 is a compiler for Haskell 1.4.
 
 Haskell is "the" standard lazy functional programming language.
 Haskell 1.4 is the current version of the language, released in